CAPITAL MARKETS

PanAust seeking $30 million

PAN Australian Resources is to raise equity of $30 million to ensure production from its Phu Bia gold project in Laos by March and fund the ongoing feasibility study at the Phu Kham copper-gold project.

Rebecca Keenan

PanAust seeking $30 million

The funds will be raised through the issue of 214.3 million shares at 14c, with the offer is underwritten by Bell Potter Securities. After the issue Pan Australia will have over 630 million shares on issue....

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